Research Paper
Technology and Business Information Systems
Cambra L. Kucharski
University of Mary Washington
10 Oct 2012
I, Cambra L. Kucharski, hereby declare upon my word of honor that I have neither given nor received unauthorized help on this work.
Introduction
Technological advancements have changed the way people walk, talk and work in offices. The concept of doing business has entirely changed in the last few decades and this is because of the introduction of the latest technological tools in business practices. These tools are based on scientific and logical approach which aid in managerial decisions. An extensive use of information technology in business determines the competitive advantages for a business. Anyone pursuing a career as a business professional must understand the importance of all information technology systems and their role in enhancing the chances of success of a business. The aim of this paper is to create an understanding about these tools with the help of an example. A company that has employed a particular business information system into its operations will be chosen and will show how it benefits from this technology.
Business information technology systems provide an easy way to solve complex business problems that can create difficulties for managers and other staff members. Earlier, businesses had to maintain huge records about the goods and materials they had in stock. The people involved in this record keeping were paid very high salaries to maintain the record. With the advancement of the latest technological tools it has become possible for these businesses to manage these records without putting in much effort and investment. Studies reveal with the latest technological advancements businesses can ease their operations and increase their revenue generation. For instance, Srinivasan et al. (1994), conducts a research on automobile industry wherein he presents data and shows these companies have shown a significant reduction in
Cambra L. Kucharski
University of Mary Washington
10 Oct 2012
I, Cambra L. Kucharski, hereby declare upon my word of honor that I have neither given nor received unauthorized help on this work.
Introduction
Technological advancements have changed the way people walk, talk and work in offices. The concept of doing business has entirely changed in the last few decades and this is because of the introduction of the latest technological tools in business practices. These tools are based on scientific and logical approach which aid in managerial decisions. An extensive use of information technology in business determines the competitive advantages for a business. Anyone pursuing a career as a business professional must understand the importance of all information technology systems and their role in enhancing the chances of success of a business. The aim of this paper is to create an understanding about these tools with the help of an example. A company that has employed a particular business information system into its operations will be chosen and will show how it benefits from this technology.
Business information technology systems provide an easy way to solve complex business problems that can create difficulties for managers and other staff members. Earlier, businesses had to maintain huge records about the goods and materials they had in stock. The people involved in this record keeping were paid very high salaries to maintain the record. With the advancement of the latest technological tools it has become possible for these businesses to manage these records without putting in much effort and investment. Studies reveal with the latest technological advancements businesses can ease their operations and increase their revenue generation. For instance, Srinivasan et al. (1994), conducts a research on automobile industry wherein he presents data and shows these companies have shown a significant reduction in
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